Breaking; Beasley Broadcast Group, Inc. (BBGI) Spike 380% TodayBeasley Broadcast Group, Inc. (NASDAQ: NASDAQ:BBGI ) spike 12% today extending wins to extended market trading with a 380% surge albeit market turmoil.
The stock is eyeing the $18 resistant a break above that levekl could resort to a move to the $30 resistant. Similarly, failure to do that could consolidate at the $3 support.
In another news, Beasley Broadcast Group, announced operating results for the three-month period ended September 30, 2025.
Third Quarter 2025 Highlights
Closed the sale of WPBB-FM on September 29, 2025 for $8.0 million and entered into
agreements for the sale of our Ft. Myers market assets, which are pending FCC approval
Revenue from new business accounted for 14% of net revenue, remaining flat from Q3 2024
Local revenue, including digital packages sold locally, accounted for 79% of net revenue
Digital revenue increased 14.6% year-over-year to $13.0 million, or 28.5% on a same-station basis
Digital revenue accounted for 25% of net revenue
Digital segment operating margin was 21%, or 28% on a same-station basis
About BBGI
Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. It operates in two segments, Audio and Digital. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms.
